OREANDA-NEWS. April 13, 2010. Altaivagon BOD decided to hold the annual meeting May 18, the company informed. The holders will consider the annual accounting and elect new BOD and an auditor. Besides, they should approve the nonpayment of the dividends.

The Plant is working under control of SDS Mash set up in 2006 within the merger of Altaivagon,

Kemerovokhimmash, Electroprom with Siberian Business Union. The year start Kemerovokhimmash was restructured through the takeover by Altaivagon. Then, the new entity became the Algaivagon division under the name of Kuzbasskaya Wagon Making Company.

The share capital is worth 211.52ths rub. split in 211520 common stocks of 1 rub. par each.

The 9-month net losses (RAS) gained 622.106mln rub. against the net profit equal to 1.041bn rub. prior year; revenus beind down to 2.82bn rub. from 12.436bn rub.